Monday, May 20, 2019

Under Armour among 170 companies asking Trump to not raise tariffs

Under Armour Inc. joined Nike Inc., AdidasAG and dozens of other companies in signing a letter to President Donald Trump urging his administration to not raise tariffs on footwear imported from China. Trump, a Republican, earlier this month proposed implementing 25 percent tariffs on $300 billion worth of imported goods from China, including clothing and footwear. The proposal comes as tension between the U.S. and China has risen after negotiations on a possible trade agreement fell apart. Footwear…



from https://www.bizjournals.com/baltimore/news/2019/05/20/under-armour-among-170-companies-asking-trump-to.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/185018043017

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